Jersey Mike’s Subs is worth $8 billion after a huge investment …
Nov 19, 2024 · Jersey Mike’s Subs is selling a significant stake to private equity giant Blackstone, ending its nearly seven-decade run as an independently owned business that transformed into a major...
Jersey Mike's acquired by private equity firm Blackstone | AP News
Nov 19, 2024 · NEW YORK (AP) — Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by asset management giant Blackstone. In the transaction announced Tuesday, private equity funds managed by Blackstone will be used to …
Jennifer Aydin’s husband, Bill, ‘not happy’ about Jersey Mike’s …
Jan 9, 2025 · No one in the Aydin family is thrilled about matriarch Jennifer’s viral Jersey Mike’s Subs fiasco — starting with Dr. Bill. “Bill’s not happy about it,” the “Real Housewives of New ...
Big Changes May Be Coming to Jersey Mike’s in 2025 - Allrecipes
Nov 24, 2024 · Jersey Mike’s founder and CEO Peter Cancro has agreed to sell the sub chain for roughly $8 billion to the management company Blackstone. Here's what that means for the fan-loved sandwiches.
Exclusive | Subway risks being 'gobbled up' by this fast-growing rival
Dec 2, 2024 · Subway’s downbeat headlines came in stark contrast to recent news from a much smaller competitor, Jersey Mike’s. The latter operates just 3,000 US locations versus Subway’s 20,000 — yet sold...
Jersey Mike’s to Partner with Blackstone to Accelerate Leading ...
Nov 19, 2024 · Manasquan, N.J. and New York, – November 19, 2024 – Jersey Mike’s Subs, a leading franchisor of fast-casual submarine sandwich stores known for its fresh sliced and fresh grilled subs, announced today it has reached an agreement whereby private equity funds managed by Blackstone (“Blackstone”) – led by Blackstone’s most recent ...
Jersey Mike's sold to Blackstone company in $8B deal - Bergen …
Nov 19, 2024 · Blackstone has agreed to acquire Jersey Mike’s Subs in a deal that values the sandwich chain at about $8 billion, including debt, Reuters reported. The deal, announced Tuesday, is expected to...
Meet Jersey Mike's Founder, Worth $7.5 Billion After Blackstone …
Nov 20, 2024 · Meet Peter Cancro, the Jersey Mike's founder who's selling the sandwich chain to Blackstone. The deal makes Cancro one of the world's 500 richest people, with a roughly $7.5 billion fortune....
Blackstone is said to be pursuing a purchase of Jersey Mike's for ...
Apr 5, 2024 · The investment giant Blackstone has been in discussions with Jersey Mike’s about buying the sandwich chain at a potential valuation of $8 billion, the Wall Street Journal reported on Friday.
Blackstone Agrees To Buy Jersey Mike's Subs For $8 Billion - The …
Nov 19, 2024 · Blackstone has taken a massive bite out of the sandwich industry by purchasing Jersey Mike's, one of the largest sandwich chains in the country, for $8 billion.